ESG Today: Week in Review
This week in ESG news: CDP releases environmental scores, 14 of 13,000 companies achieve top rankings across categories; EU adopts EU taxonomy rules for January implementation; Citi CEO says climate profile may determine which clients to serve; Ab InBev commits to net zero emissions value chain; Biden orders federal government to achieve net zero by 2050; Amundi ties exec pay to ESG investing goals; United Airlines completes first flight utilizing 100% sustainable aviation fuel; Walmart supplier finance program incentivizes climate action; BofA issues $2 billion Equality Progress Sustainability Bond, and more.
See below for the highlights of the past week, and get all your ESG news at ESG Today:
Sustainability Goals, Initiatives and Achievements
Walmart, HSBC, CDP Collaborate on Financing Program Incentivizing Climate Action in Supply Chain
Beer Giant Ab InBev Commits to Net Zero Emissions Across Value Chain by 2040
L’Oréal to Source Recycled Plastic for Cosmetic Packaging from Veolia
Union Pacific Unveils Climate Action Plan, Sets Net Zero Target
United Airlines Completes First Passenger Flight With 100% Sustainable Aviation Fuel-Powered Engine
Reporting and Disclosure
EU Council Clears EU Taxonomy Rules for Climate for Implementation in January 2022
CDP to Collaborate with GRI on Updated Biodiversity Reporting Standard
SimCorp Launches SFDR Reporting and ESG Framework Solutions for Asset Managers
ESG Services and Tools
Moody’s ESG Launches Solution to Assess Company Alignment with Net Zero
ICE Acquires Climate Data and Analytics Providers risQ and Level 11 Analytics
OneTrust Acquires Carbon Management Software Company Planetly
Government & Regulators
EU’s Pension & Insurance Regulator EIOPA Launches 3-Year Sustainable Finance Action Plan
Biden Orders Federal Government to Achieve Net Zero by 2050
ESG Investing
Amundi Launches 2025 ESG Strategy, Ties Exec Pay to ESG Goals
Rockefeller Launches Sustainable Investment Portfolios for HNW Clients
Switzerland, UBS & Credit Suisse Launch SDG-Focused Impact Investing Initiative
Sustainable Finance
BofA Issues $2B Sustainability Bond Targeting Equality, Economic Opportunity, Green Investments
Energy Transition
S&P Global Platts Launches Price Assessments for Carbon Neutral Hydrogen
KKR Launches Platform to Originate, Develop and Operate Utility-Scale Solar Projects
Exec Appointments
Amundi US Appoints Annie Joyce Head of ESG
ISS Corporate Solutions Names Kosmas Papadopoulos Head of Americas Sustainability Advisory
Impact Investing Veteran Clara Barby Joins Al Gore’s Climate Solutions Fund Just Climate